QUESTION on How to Incorporate With Same Company Name in Another State Can I get to incorporate or form a corporation using my company name in another state if someone else in that state has the same company name? - Jessie Pope, OK ANSWER Dear Jessie: The short answer is "yes, no problem." Now for the long answer Just to be clear, I believe what … [Read more...] about How to Incorporate With Same Company Name in Another State
Member Resignation and Dissolution of LLC
QUESTION ON Member Resignation and Dissolution of LLC Hello, I am a member of the 8-mo. old 4-member LLC, where so much disagreement occurred between members before business could get off the ground, that no business began and members no longer communicate. This has been going on for about 6 months and all requests to unanimously dissolve the LLC have gone ignored by the … [Read more...] about Member Resignation and Dissolution of LLC
How to Add an Officer to an S Corporation
QUESTION on How to Add an Officer to an S Corporation My brother in law has a new S Corporation and he wishes to add his brother as a officer. How can he add an officer to an S Corporation? - Lynda (New Jersey) ANSWER Dear Lynda: The process of adding an officer to a corporation is one of those "formalities" I often talk about with respect to … [Read more...] about How to Add an Officer to an S Corporation
How to Remove a Partner from a C Corporation
QUESTION on How to Remove a Partner from a C Corporation What are the steps and procedures to removing a partner from a C Corporation. This partner is both an officer and a shareholder. Thanks – Dameon, MA ANSWER by Chrissie Mould Dear Dameon: As I am sure you know, a corporation is made up of shareholders, directors and officers. A corporation does … [Read more...] about How to Remove a Partner from a C Corporation
How to Remove a Partner in an S Corporation Business
QUESTION on How to Remove a Partner in an S-Corporation I have an S corp (with 2 original incorporators). I want to "buy out" or actually remove 1 of the incorporators and keep the business. Do I file "Restated Articles of Incorporation"? Thanks – Deanna H. (Michigan) ANSWER by Chrissie Mould Dear Deanna: Let's be careful not to mix apples with … [Read more...] about How to Remove a Partner in an S Corporation Business